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U.S. employees whose pay is processed through UKG Pro can now sign up for a PayPal Balance account and set up PayPal Direct Deposit¹ through their employer’s payroll portal, and payroll funds may be available up to two days ahead of time.²

PayPal is committed to advancing products and experiences that help customers manage their financial lives. PayPal has teamed up with UKG, a leading provider of HR, payroll, workforce management, and culture solutions, to give U.S. employees whose pay is processed through UKG Pro the ability to easily set up PayPal Direct Deposit through their employer’s payroll portal.

U.S. employees paid through UKG Pro will be able to sign up for a PayPal Balance account and set up PayPal Direct Deposit by clicking the PayPal button on their employer’s payroll portal – with no need to manually enter a routing or account number. Employees can choose to automatically deposit some, or all of, their paycheck into their PayPal Balance account each pay period, and payroll funds may be available up to two days ahead of time.²

How to Set Up PayPal Direct Deposit on the UKG Pro HCM Suite

U.S. employees whose pay is processed through UKG Pro can sign up for or link to an existing PayPal Balance account and set up PayPal Direct Deposit on their employer’s payroll portal by following a few easy steps:

1. Tap the PayPal button on your employer’s payroll portal.
2. You will be prompted to log into your existing PayPal account or sign up for a new one.
3. The PayPal experience will walk you through set up.
4. Once completed, you will be automatically redirected back to the payroll portal to finalize your Direct Deposit setup.

Customers who set up PayPal Direct Deposit on their employer’s payroll portal can also take advantage of PayPal’s suite of financial products and services, including the PayPal Debit Mastercard®³ which they can use in any store or online where Mastercard is accepted and earn cash back on eligible purchases.⁴ Customers can also send money to friends and family,⁵ earn cashback and rewards in the PayPal app⁶ and transfer funds into PayPal Savings, a high-yield account provided by Synchrony Bank with a current 4.30% APY, 9x the national average.⁷

Consumers continue to gravitate toward the use of digital wallets as they seek out quick and secure payment options, and a recent survey found that 64% of U.S. consumers who responded use a digital wallet. With over 200 million active PayPal accounts in the U.S.,⁸ the collaboration allows people whose pay is processed through UKG Pro to set up PayPal Direct Deposit via the UKG HCM suite – a payroll industry first – while also enabling them to access their pay up to two days ahead of time.²

¹ _{Direct Deposit must be supported by the payer (employer or government agency). Once it's set up, Direct Deposit usually takes two (2) pay cycles to begin, but can vary across payers. Refer to the PayPal Balance Terms and Conditions for complete Direct Deposit details.}
² _{Early access allows access to a user’s funds up to 2 days before the scheduled payment date when Direct Deposit is set up to a PayPal Balance account. Early access depends on availability, which can vary by payer, and when we get payment instructions from the payer.}
³ _{The PayPal Debit Mastercard® is issued by The Bancorp Bank, N.A. (The Bancorp), pursuant to a license by Mastercard International Incorporated and may be used everywhere Mastercard is accepted. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. The Bancorp is issuer of the Card only and not responsible for the associated accounts or other products, services, or offers from PayPal. PayPal is a financial technology company, not a bank. The Card is linked to a PayPal Balance Account. See PayPal Balance Terms and Conditions.}
⁴ _{Check offer for details. Offer terms and PayPal Rewards terms and exclusions apply. See https://www.paypal.com/us/digital-wallet/manage-money/paypal-debit-card for current details on debit card cash back.}
⁵ _{Sending and receiving money requires an account with PayPal. A PayPal Balance account is required to hold and use a balance.}
⁶ _{Check offer for details. Offer terms and PayPal Rewards terms and exclusions apply.}
⁷ _{PayPal is a financial technology company, not a bank. Banking services provided by Synchrony Bank, Member FDIC. PayPal Balance account is required to use PayPal Savings. As of June 07, 2023, the annual percentage yield (APY) for PayPal Savings is 4.30%. This is a variable rate and can change at any time, including after the account is opened. National average source: FDIC National Rates and Rate Caps as of July 15, 2024.}
⁸ _{PayPal Holdings, Inc. Active Accounts by Market as of Dec. 31, 2023.}